Crypto Mining Scam Lands Georgian Man in Court
A federal grand jury has indicted Steven Drawdy, 39, of Grovetown, Ga., for allegedly defrauding more than 30 customers who paid him in cryptocurrency for computer equipment they never received. A Georgia man is facing federal charges for running a cryptocurrency mining scam that netted him approximately $1 million from unsuspecting customers, according to the […]
The Ultimate Crypto Bargain Hunt: How To Find Hidden Gems
Investing in cryptocurrency can truly seem like a daunting hunt; there is always a new gem to be found! This article will help you find hidden gems in your crypto hunt. With the emergence of new tokens introduced daily, the cryptocurrency industry is continuously changing. Yes, with so many options of cryptocurrencies, it can take […]
Russia Claims Second Spot in Largest Bitcoin Mining Hub After US
According to recent reports, Russia is now the second-largest country in the world for Bitcoin and cryptocurrency mining, with the United States continuing to hold the top spot. According to Kommersant, BitRiver, a company that provides colocation services for cryptocurrency mining operations, reported that the Russian Federation achieved a new milestone in the first quarter […]
Crypto Mining and the Environment – How to Minimize the Carbon Footprint
Mining digital currencies require strong computers to solve complicated challenges. Mining is energy-intensive, which harms the environment. This article discusses minimizing crypto mining’s carbon footprint. Even though mining is just one of the many methods that may be used to authenticate cryptocurrency transactions and create new cryptocurrency coins, Bitcoin and Ethereum, the two most popular […]
Solo Bitcoin miner gets over $150K block reward
The 780,112th block in the Bitcoin blockchain was successfully mined by a solo Bitcoin miner, who was rewarded with 6.25 Bitcoin as a result. The payoff is expected to be worth more than $150,000. While the event itself is uncommon and it can take months for a lone miner to obtain a legitimate hash, the […]